Brian Schwartz

Well, once word gets out the door that these tariffs are going to be coming down on these countries, Canada, Mexico, China, European Union, you name it, people like Susie Wiles start to receive a flood of phone calls from CEOs and major business leaders. with concerns about these policies.

Well, once word gets out the door that these tariffs are going to be coming down on these countries, Canada, Mexico, China, European Union, you name it, people like Susie Wiles start to receive a flood of phone calls from CEOs and major business leaders. with concerns about these policies.

And the idea is that they're not exactly telling or, listen, we think that they should be completely removed, right? But they are trying to really be very clear that if these tariffs are put in place, they will, in fact, hurt their industries. They will, in fact, potentially be a detriment to consumers because prices in a lot of these CEOs' minds will go up.

And the idea is that they're not exactly telling or, listen, we think that they should be completely removed, right? But they are trying to really be very clear that if these tariffs are put in place, they will, in fact, hurt their industries. They will, in fact, potentially be a detriment to consumers because prices in a lot of these CEOs' minds will go up.

There has been historically really not great results from doing that with the president. And the CEOs learned from this in the first time around. You think back to the 2016 through 2020 years of Trump, when he first started putting on tariffs as a really core part of his economic policy. They tried these campaigns and they really didn't do anything.

There has been historically really not great results from doing that with the president. And the CEOs learned from this in the first time around. You think back to the 2016 through 2020 years of Trump, when he first started putting on tariffs as a really core part of his economic policy. They tried these campaigns and they really didn't do anything.

So now it appears that because that failed the first time, they're trying to do this this way in their meetings.

So now it appears that because that failed the first time, they're trying to do this this way in their meetings.

We have a scene from a recent meeting that took place between a variety of tech CEOs, HP CEO, IBM CEO, you name it. And they were sitting down with President Trump, Elon Musk, and Howard Lutnick, Commerce Secretary. Their overall point is that, listen, we're trying to invest more in the United States, but many of our parts for our products come from abroad.

We have a scene from a recent meeting that took place between a variety of tech CEOs, HP CEO, IBM CEO, you name it. And they were sitting down with President Trump, Elon Musk, and Howard Lutnick, Commerce Secretary. Their overall point is that, listen, we're trying to invest more in the United States, but many of our parts for our products come from abroad.

So it's very, very difficult for these companies to shift immediately out of these markets because that just historically has been where, frankly, they've been able to build the pieces necessary for their products. These are major forces in the United States economy, major forces in the business sector, and they're trying to have a say here.

So it's very, very difficult for these companies to shift immediately out of these markets because that just historically has been where, frankly, they've been able to build the pieces necessary for their products. These are major forces in the United States economy, major forces in the business sector, and they're trying to have a say here.

And the president's response to them has always been, fine, you don't want to get impacted by the tariffs. You need to start making more of your goods in the United States. And that usually is the end of the conversation.

And the president's response to them has always been, fine, you don't want to get impacted by the tariffs. You need to start making more of your goods in the United States. And that usually is the end of the conversation.

Thank you.

Thank you.

The president posted on X just a couple hours ago that he's implemented the 25% tariff on imports from Mexico and Canada. But then paused them for a month.

The president posted on X just a couple hours ago that he's implemented the 25% tariff on imports from Mexico and Canada. But then paused them for a month.

The president posted on X just a couple hours ago that he's implemented the 25% tariff on imports from Mexico and Canada. But then paused them for a month.

Well, I think they've come to the reality that this is not going to be as easy as they once thought. The idea of throwing on tariffs onto a variety of different countries, the goods coming from those countries, to be precise, is not going to just be an automatic boom to the economy.